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3-Tenant Strip | Starbucks | DriveThru 5651 Sherwood Way 5,786 SF 100% Leased Retail Building San Angelo, TX 76904 $3,966,000 ($685.45/SF) 6.25% Cap Rate



Investment Highlights
- Strong Tenant Lineup | 100% Occupied | NNN Leases
- Strong Demographics In 5-Mile Trade Area
- Outparcel To Walmart Supercenter | Across From H-E-B | Retail Corridor | Strong National/Credit Tenant Presence
Executive Summary
• The property is divided into three suites with Starbucks occupying 2,150 SF, Crumbl occupying 1,236 SF, and Stanton Optical occupying the remaining 2,400 SF
• All tenants operate under leases which are NNN in nature, limiting expense leakage for a future investor
Property Facts
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Crumbl began in 2017 when Jason McGowan and Sawyer Hemsley set out to create a chocolate chip cookie and opened the first bakery in Logan, Utah. The company has grown into a franchise-focused dessert business built around cookies and other sweet items, with a menu that combines core favorites and weekly rotating flavors. Crumbl serves customers through pickup, delivery, carryout, and catering, and the company's lineup includes cookies, cakes, pies, and other desserts in an open-concept bakery format.
Starbucks began in 1971 in Seattle's Pike Place Market as a roaster and retailer of whole bean and ground coffee, tea, and spices. The company became a coffeehouse in 1987 and has since expanded into a global business centered on coffee drinks, food, cups, and merchandise. Starbucks now connects with millions of customers every day through a broad retail network and also brings some of its branded coffee products and creamers into grocery channels. The company's business is built around coffee craftsmanship, food and beverage service, and neighborhood-focused store experiences.
- Station Optical
- Retailer
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99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Station Optical | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-21925-0001-002-00 | Improvements Assessment | $759,350 |
| Land Assessment | $282,650 | Total Assessment | $1,042,000 |
